Tuesday, October 15, 2019

Leadership of Richard Branson Essay Example | Topics and Well Written Essays - 1750 words

Leadership of Richard Branson - Essay Example He treasures his employees’ insights in order to evaluate his success or failures and forge ahead. The trait enables the employees to learn from among themselves, from the industry and also from the mistakes they make in order to reach their desired levels. The company’s strategy stipulates â€Å"†¦reach for the skies and screw business as usual.† The company values learning for the realization of its strategy. In addition, the leader carry’s a notebook in every sitting so as to listen and jot down vital views in order to transform the ideas into actual strategies (Dearlove, 2007). c)Being passionate- the entrepreneur is occasionally passionate in everything that he does. Based on Dearlove (2007) he continuously engages the employees to be happy and passionate in their activities in order to achieve. His confesses that his $5 billion worth has been propelled by his passion and fun at work. The employees are paid below the market wage-price but are still loyal and passionate to the company. 2.a)Adventuring- Richard is highly adventurous both in business and social life. The entrepreneur is occasionally spontaneous in his business endeavors and never backs down for fear of criticisms or failures. In Dearlove (2007) the company has over 400 companies and partnerships which have aggressively attacked the market in order to attain new heights. The company has instilled the entrepreneurial spirit in its people; who are frequently advised to try new things. The adventuring spirit is supported by the company’s policy ‘to screw the rules and make mistakes’ since rules were made to be broken. b) Minimal bureaucracy- The entrepreneur is a down to earth person who despite his billions, occasionally engages with the employees or other members of the community in a cup coffee, community or corporate social responsibilities. Virgin group has an open social policy where the management

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